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to be optimistic. neither taxes nor spending nor entitlements were solved today. in fact, president obama never even mentioned the word spending. the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank finefein. >> the highlight of the meeting was the intensity from which the white house emphasized that marge al rates as a matter of math and politics have to go up somewhat, if not all the way to 31.6 had to go up and as p he said as a necessary ingredient of a deal, he would support such a rate. >> the president said we would pursue our own interests. i'm not -- i'm certainly not insisting, i don't even desire higher rates. i think there lab drag if revenue goes up
the outcome is probably going to be more, and taxes are going to go up and of course there will be no spending cuts. >> and ben, it does sound ominous, even if you're not someone who reads the wall street journal, the fiscal cliff, fiscal cliff, it could be the-- i don't know intimidation factor, it could actually be worse than going over the cliff. >> i think that's a brilliant point, charles. if we went over the cliff for a few months the impact would not be enormous, and uncertainty is a bad word and fear is a really, really bad words and these are the words that govern the economy today and imperative that democrats put their heart and soul into a compromise. absolutely imperative. >> dagen, what do you think about this? >> i think you cannot dismiss this, particularly if you're on the left of something as hocus-pocus and fear mongering, you can look, the list of companies that are bulge back spending and some of the biggest names in the ideas, whether it's a wal-mart, ford, disney, you name it. no company is going to commit new money to new jobs if ne don't know what's going to happen in
're going to delve into any type of serious reform on the tax or entitlement side or even a framework by christmas. oh, yeah. i guess i'm the tooth fairy. >> bill, so what do you do here with no fiscal cliff deal yet, with whispers of possibly the fed stimulating the economy even further, and with economic data pouring in almost daily that suggests we're still sputtering along? >> well, i tend to think 2013s going to be a great year. i'm not just looking at housing and employment. i'm looking at the architectural building index. there's stuff in the draw room. they're ready to bid out this winter and break ground in the spring. the republicans know that. the democrats know that. i would agree with rick. right now it's hard to imagine they can come up with something. we know they can. we know the democrats can say, okay, we'll give you something on means testing entitlements and we'll move the social security age up. republicans will say, we'll get rid of second mortgage deductions. they can do it. i don't think they really want to do it yet. so we just sit here sort of up 100, down 10
and a shoed and cunning tax texas oil man. he played bad boy jr ewing. tributes are prouring in by hagman. and they join us now with a look back at the larger than life tv personality. dom nick. >> hey, uma. it is it a sad loss for the tain tain hagman claimed to be the most famous actor in the world and it was a portrayal of jr ewing that rocketed both him and the soap opi ra to fame. he died due to compliitations with cancer. he was 81 with him in his final moments was his relatives and long-time colleague and friend linda grey. and in a statement, she said he brought joy to everybody he knew and creative and jennerous and talented and i will miss him enormously she said. hagman was captain tony nelson on i dream of jenny. and he took serious roles including appearances. and he was in primary colors and repeated ratings got. and working on the latest for tnt in january. and no immediate comments from warner or tnt on how the series would deal with the loss. he leaves behind a wife of 60 years. >> and of course, he leaves behind two children as well. >> and this is it a major television
more important for these small businesses are the tax hikes and the tax increases that they are facing come the end of the year. a tax increase for top net income earners, from 35 to 39.6% in 2013. for all intents and purposes that involves small business owners? >> it's a lot of them. there is a fight going on. the left saying it will not affect small business too much. the right is saying it will. there is a lot of politics going on. my only question is how taking money out of anybody to put into washington, d.c. which is has been very ineffective with our capital is going to help -- i don't get it. somebody runs a small business and make a few hundred thousand a year to tell them you are going to pay $15-20,000 a year plus obamacare, i on don't think that is good news. i wish they had a better idea. elections have consequences. i gather taxes are going up. >> heather: according to ernest & young they are projecting that that tax rate will kill 710,000 small business jobs. people, individuals support businesses help that? >> yes, it's going to help. look, there is a reality. dollars
sales tax. now a move to close the loopholes that are costing states millions. plus at least when people shop online this doesn't happen. [oh] >> shepard: tonight, the brawl at the mall. a jury cleared casey anthony of murdering her little girl. >> we, the jury, find the defendant not guilty. >> shepard: now some potentially explosive evidence about a computer search somebody did on the day little caylee disappeared. and this was no ordinary parade can a gety. >> snn colon and then a number. >> shepard: shredded police documents apparently reigning down on the thanksgiving day crowd. >> i didn't know what to make of all of this information. >> tonight, investigation and police respond. but first from fox this monday night, some republicans are now saying they are willing to break their no tax hikes pledge to keep us all from going right over the fiscal cliff at the end of the year. it's pretty new and that's when pretty much everybody's taxes will go up if congress and the president can't cut a deal. g.o.p. leaders insist they still do not want to raise tax rates. instead, they say they
said they will back down on taxes as long as there is one condition. >> steve: this time the white house has a better idea. wait until you hear who they are bringing back to lead the negotiations. yimpt powerball jackpot. $425 million . if you think you are more likely to get struck by lightning than win it big. the guy who won eight times who has the secret. >> steve: does he have the numbers. >> brian: "fox and friends" begins now. >> steve: hi, folks, live from studio e. i am sick of turkey. and i am sick of gravy. we had it five-days. >> gretchen: i know, i have a big huge bird sitting in my refrigerator and attempt to make soup out of it later today. >> brian: so it is not alive. >> gretchen: it didn't gobble. >> brian: i went to the movies and i have another movie. >> gretchen: i saw santa claus over the weekend. >> brian: ian loves it. i will tell you in a while. >> gretchen: no. >> brian: steve, saw one of my recommendations on saturday and you feel. >> steve: i am stopping to listen wu. >> gretchen: can you tell us now. >> steve: some of his movies i like a lot. >> gretche
are focusing this coming week on negotiating a deal on those expiring tax cuts and spending reductions that will automatically kick in december 31st, at midnight. so will we see more face-to-face meetings and what do both sides need to do? let's talk with angela mcglowan, and mark hammond a former aid to john kerry and nice to see you both. i predict more face-to-face meetings and i think they'll get together, kind of like holiday dinners, you see a lot of people you might not choose to see, but you have to see them, right. >> you have to see them and you might not want to see them again for another year, but, he yes, rick, they have to come to the table again and again and again until we reach a deal. if we go off the fiscal cliff, it's predicted that we will get another recession, now they're saying if we go off the fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >>
leadership. they expressed optimism about reaching a deal to avoid a 500 and dollars in tax increases and spending cuts. 500 bill in dollars for tax increases. >> we have a very productive meeting. >> the cornerstone of being able to work something out. >> staffers have been working behind the scenes to find common ground and how to begin more tax revenue and reduced spending on programs like medicare. it is not yet clear one of lawmakers will meet next. even if progress is made this week a final deal could still be make well. >> we rarely see the hill and the white house making decisions, early. they tend to do better when they have a deadline. so, i think that i would be pleasantly surprised if a deal emerged earlier. but, we will see. >> unless compromised is reached, steep tax hikes could be seen. >> this small earthquakes >> the u.s. t s a said the magnitude 3.5 tremor hit at about 7:45 near soledad.. 60 mi. southeast. no reports of damages. >> the day after thanksgiving >> they see a lot of potato peels, putting things down the disposal of the probably should not go down. we ar
that pushed that no new taxes pledge signed bay majority of republicans in congress. here's what chambliss says. i care more about my country than i do a 20-year-old pledge. he's willing to let the political consequences take care of themselves. raising taxes has been at the center of the fiscal cliff dispute. democrats demanding it. republicans saying no way. so amy, is this a sizable crack in the republican armor? >> we are seeing that the two sides are going to need to negotiate if we don't go over the fiscal cliff. i would point out that patty murray, a democratic senator from washington state says we should go over it, certainly in contrast to the rest of her party. so i think that we're seeing negotiations on both sides. but i want to point out what the fiscal cliff really means. it means the tax rates go up for everyone across the board. if you earn a paycheck, your taxes are going up. that's not just your federal income tax. that's your social security tax as well. we've been on a social security tax holiday, people are unaware of this, only as employees paying in 2.4%. after decem
cliff, i was wondering about maybe raising taxes. q. what are they planning on cutting? i live paycheck to paycheck. i was curious as to what people are planning on cutting instead of just raising taxes? host: you said you are living paycheck to paycheck. are you doing anything to prepare in case the u.s. goes off the fiscal cliff? caller: just try to work to make a living. this economy is not helping much. host: thank you. today's wall street journal talks a little bit about the impact of going off the fiscal cliff in this chart -- we will take you through few more those scenarios throughout the show. but we want to go to jeff from texas, the independent line. your confidence in the u.s. economy as we are approaching this fiscal cliff. caller: yes, thank you. i don't see much confidence. i don't see the fiscal cliff as the big problem. the problem is the federal reserve monetary policy. the idea that the weekend keep printing money and borrowing money and expect the government to carry everything. we are buying up all these bonds and keeping interest rates so low. politicians from both
giant number on the horizon. the one facing washington. the cuts that will kick in and the taxes that will go up if they don't come up with a deal to avoid a fiscal cliff at the end of the year. and tonight, what could be a turning point. some republicans saying they are now willing to break that pledge of no new taxes. david kerley at the white house tonight. >> reporter: with some shopping done, president obama may be getting a gift from some republicans, republicans who signed a pledge never to raise taxes. this morning on abc news, a leading senator. >> i will violate the pledge. long shory short, for the good of the country if democrats will do entitlement reform. >> reporter: and pete chambliss says he will not abide by the pledge. support from a vocal house member too. >> i agree. a pledge you signed 20 years ago, 18 years ago is for that congress. the world has changed and the economic system is different. >> reporter: they are talking about that man's pledge, americans for tax reform president grover norquist who has hundreds of republicans signed. >> do you feel you are
was also shot during that confrontation. he was pronounced dead at the scene. >> to politics now and taxes. they are at the heart of the negotiations over the fiscal cliff. democrats want to raise them for the wealthy. republicans say no. >> now one leading republican may be breaking ranks. georgia senator saxby chambliss now says a no tax pledge signed by most republicans is standing in the way of getting a deal done. >> times have changed significantly. i care more about this country than i do about a 20-year-old pledge. i think we owe the debt and we've got figure out a way to pay it. >> specifically, chambliss was talking about grover norquist and his group americans for tax reform. they put out that no tax pledge. norquist talked about it on cnn's situation room". >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser, so we don't have to reform government, he needs
for states because, of course, you have to pay taxes on any of your winnings. so with the lot he commission increasing the price was generate revenue. they did and wow they will with this jackpot of $500 million. >> alison, did you buy a ticket? >> reporter: oh, no, i have no problem admitting it. i will go ahead and buy a few tickets of my own. >> good luck to you. thank you. we'll talk to you soon. >>> the other big story this morning, if at once you don't succeed, try, try again. susan rice, the u.n. ambassador returns for a second round of meeting with republican senators. rice failed to win over her sharpest gop critics yesterday still troubled about her comments following the u.s. attack in the u.s. consulate in benghazi that spring from a protest. she told "ac 360" that rice misled the american public. >> she would say that. she would have to say that because she began our meeting today admitting the representations of the video and the protests were wrong. and the impression left the american people misleading. >> senators graham and mccain are now more concerned than before they me
you. >>> to politics now and taxes. they are at the heart of the negotiations over the fiscal cliff. and now georgia senator saxby chambliss says a no tax pledge signed by most republicans is standing in the way of getting that deal done. >> times have changed significantly. and i care more about this country than i do about a 20-year-old pledge. i think we owe the debt and we've got to figure out a way to pay it. >> that pledge was written by grover norquist and his group americans for tax reform. norquist talked about this on cnn's "the situation room." >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser, so we don't have to reform government, he needs to have that conversation with the people of georgia. >> we've got 38 days before we go over that cliff. if there's no deal before the end of the year, taxes will go up for every american. >>> amid fears the ce
demands higher taxes. cuban will survive that but little guys get killed. >> one for me, one for the government, one for me. >> he bought a small farm in south carolina. >> how can a farm produce an income that can pay for itself? that is when we decided to go into this business. >> he has events at the farm and sells cattle and produce but he has been held by government. >> i am tired of telling us what to do, how to do business and ask them for permission. you come out and run t damn thing. >> john: what did they do? >> this is just part of the regulations we have to deal with. they go on and on and keep growing. >> government regulations stopped him from caning and selling his crops. >> we couldn't get the kitchen certified in time. >> they forced him to make changes to his buildings, a regulat said. >> you need to put a handwashing sink. what is wrong with the other sink. the sink on its own was not a big deal. it's the little things that keep mass go together to make this big ball before long i can't carry the big ball. >> he learns that bureaucrats keep their jobs by fi
. if congress and president obama fail to reach an agreement massive tax cuts and spending cuts automatically kick in january 1. anti-tax crusader slamming chambliss. he broke with norquist no tax break pledge. he cares more about his country than the pledge. >>> there were signs truce between israel and hamas is taking hold this weekend. palestinian sources say israel has eased restriction on gaza fishermen allowing them to go up to six miles from shore. the fishermen were restricted to three miles into the mediterranean. palestinian farmers resumed tending land. hamas official say egyptian and israeli officials are expected to meet monday to discuss details of that cease-fire. >>> to egypt now where what's happening makes well, the arab spring look like it never ended. we remember the crowds of demonstrators, protesters, a regime bent on consolidating and preserving its power. that was then. this is the scene right now. demonstrators are back spending the night in tahrir square. president mohamed morsi announced sweeping new powers for himself. ordering egyptian court not to overturn any de
the automatic spending cuts and tax increases. he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and get something done? >> maybe we will. maybe we will. >> you would think. >> yeah. or maybe we can just talk about 2016. >> we could do that as well. how are you doing, willie? >> i'm doing well. >> good. just two weeks after the longest -- >> thanks for stopping by. >> doing well. >> you know, just two weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we'r
google avoids paying a carpet tax rate by basing it -- carpet tax rate by basing -- corporate tax rate by basing it in another country. >>> the first auction of california's cap and trade pollution permits will generate less money than expected. the first sale only raised $289 million. lawmakers hoped to raise $1 billion by june. there are two more auctions planned in february and may. >>> thousands of people earned their right to extra thanksgiving calories this morning in the south bay. >> the turkey trot drew 25,000 runners. there were serious runners and the folk whose took part in the costume contest. all of the money raised go to three different charities. >> people less fortunate, always like to help. every little thing we can do. nice to help. >> participates were also encouraged to bring canned food. >>> officials say they will rebuild their port to with stand a tsunami. the japanese earthquake triggered a tsunami. they will spend $54 million to rebuild. they will extend 16 feet above the water so it won't rip off the docks. >>> just perfect weather today across the bay area.
the 18.4 cent per gallon federal gasoline tax, something that's being pushed by state highway officials and road builders across america. casinos are also pushing to get language legalizing online poker into a deal and governors hit hard by superstorm sandy or wanting more if federal aid to come to them through a potential deal. whatever agreement it made to avoid the fiscal cliff, it's going to be worth a lot of money and now is the time that groups are stepping up to see if they can get in on some of that. >> all right, everyone wants a little piece of the action and everyone wants fiscal restraint and they all wan their own-- >> hey, if you cut the other programs, the ones that don't involve me, that's better. >> what's the deal that gets done? do the middle class obviously gets extended, bush tax cuts. 250 and under. what gets done above that? >> well, remember joe biden telegraphed the idea na he likes the 1 million mark and president obama had 200-- >> 250,000 as everyone and we were talking to small business owners on the show saying that $250,000 that's the small business owners
didn't talk about is the fiscal cliff if that comes that's more than $650 billion in tax increases combined with spending cuts that would send us back into a recession. many fear we would become europe in a matter of speaking. >> here is the interesting part, i think, pete dupont concludes that he says that this recent election proves that the country has become more liberal. that's how he interprets what happened in the most recent election. we would love to hear from you if that's your take away from it. he thinks we are headed in the path of europe and become more liberal. there are many other explanations we have heard since election night. maybe people just the incouple bent always holds an advantage. maybe people don't like change. who knows. but that's his theory is that the country has just become more liberal. >> let us know what you think. friends@foxnews.com email address or find us on twitter ff weekend. don't forget our great facebook page also. if you are a facebooker go there as well. here. >> here are your headlines. police are searching for a man accused of walking
tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend
after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't just that we have to restore a higher level perhaps of taxes and lower level of spending than we might like. the problem with the u.s. is it gets into that ideological dispute over whether the way to do that should be by cutting spending and raising taxes. so there is an actual sort of fundamental disagreement that underpins this sense of knee jerk -- >> why have we had to do this? we've had to borrow money and cut people 00 taxes and spend more on social services because the underlying private sector economy completely ran out of steam. it ran out of steam because it needs the banking system to feed off. it needs access to trade credit, to business finance, et cetera. and so when the banking system suddenly said we've got another imperative for us the next few year, we'll have to rebuild our balance sheets, the private sector is temply cut off and drifts. so the public sector has to step in. so what we're really discussing is the
with the tax dropping 22% interval -- attacks dropping 22% in kabul. these signs of progress are real, and so are the challenges that remain. this is an insurgency that is resilient, and they will do everything they can to project an appearance of strength to the international community. the taliban claims responsibility for the troubling lies and insider attacks. they have launched a high- profile attacks, and they will continue to do that, but in the face of these tactics, they have been able to maintain strong international community and a strong commitment to finish the job. as the insurgency has been rolled back, we have vastly improved the capabilities of the afghan national security forces to maintain these gains after most of the international forces will have departed. every day, every week, every month, afghan forces are shouldering more of the burden. 2011 i believe marked an important turning point because we were able to see afghan forces become operational and take charge of security. in 2012 that process took firm hold across the country. the transition is now well under way. w
sales tax revenue from goods ships from the center. they have announced a number of new centers in california after state lawmakers agreed to give them a one year reprieve from collecting sales tax if they agreed to build in the state. >> lots of people buying their christmas trees this weekend. what types are expected to be the most popular. >> and cigarette smokers being asked to recycle. what a company wants to do with them. >> and a weather will highlight your saturday afternoon. a look at your day planner coming up. six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [
decades ago. >> it will bring 2.4 million dollars of property tax into the city. million which goes to our schools. create 2000 jobs. in our community building this project up. >>reporter: but tenant group is fighting the development. they have lived aboard this cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i really can't afford to put a first last down someplace. >>reporter: he has no hard feelings against the owner. she helped him when he had kearns and even told him not to worry about the berth rental when he was sick. >> used to bring me food. would he were always friends. >>reporter: the fight is with the develop every plans to privatize the outer harbor which they are leasing from the state. that harbor is now open to the public. anyone can rent a berth there but the new project will limit the berth to only residents of the new complex. >> when the state gave the lease it said only for so long as it's used as commercial harbor and marina. that's not theirs. >>reporter: planning commission approved the projec project. tenant grou
, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of the things they talk about, whether it's raising taxes, revenue, however you want to define it. republican senator saxby chandless of georgia broke ranks with grover norquist and his anti-tax pledge. he signed the pledge after he first ran in 2008. but here's what he told our cnn affiliate in macon, georgia, about his commitment thus far to that pledge. >> times have changed significantly, i care more about the country than i do about a 20-year-old pledge. i think we owe the debt and we got to figure out a way to pay it. >> and of course, that pledge creator, grover norquist, fired back on cnn "the situation room" just yesterday. >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes.
something out, how to avoid taxes, and reduce spending on medicare. but it is not yet clear when the lawmakers and the president will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline. so i -- i would be pleasantly surprised to see it -- a deal emerge earlier than the end of the year, but we'll see. >> reporter: and martin, even though there is not another meeting between the president and lawmakers on the president's schedule, that could certainly change. we know that senate majority leader reid said they hope to have another meeting with the president this week. >> athena jones, thank you, at the white house. >>> and president obama went christmas shopping today. the president and his daughters shopped at an independent store in virginia. the obamas are participating in the third annual event, the white house bought 15 books. >>> and cyber deals, no longer just for monday. they participated in the deals before bla
're keeping score, there are 37 days left until we hit the cliff and tax rates go up for every american. cnn's athena jones has more now on the any dwoenany negotiation. randi, folks here in washington are wondering if this week will mark a turning point between republicans and democrats. after meeting with president obama before the thanksgiving holiday -- >> well, i want to welcome the conventional leadership here -- >> reporter: congressional leaders express optimism about reaching a deal to avoid $500 billion in tax increases and spending cuts set to take effect next year. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we have the corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to find common ground. the big sticking points, how to bring in more tax revenue and reduce things like medicare. but it's not clear when the president and lawmakers will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and th
because they are tax exempt. to bill's point. the colleges and universities are out of control because they are nonprofit. they have 40 administrators for every one student. and i don't know why stunes are giting squeezed when football is so profitable. nand they stand up for the university of the sphoil would children, go ahead, rich. >> and pete carol was running out and scandal trailing him the whole way. sc is a great school and more frominent over time and i don't know how you correlate it to pete carol. >> so far, no one is going for bill baldwin's solution. nand my reform plan would eliminate the ncaa. enthe football. thanks to the web education is upend football will be like the minor leagues for like baseball training and university, you are going to do it on computer and so enjoy it while you can. >> with that thought. we'll look on that for a while. unions strike a busy shopping center of the year and are they going to be scrooge that wreaks holiday sales. u.s. businesses are coughing up thieves for polluting. will this climate change. we report and you decide. can i help yo
a way to avoid that so called fiscal cliff that could raise your taxes and throw the economy back into recession. kristen welker is in our washington bureau. good morning. >> reporter: president obama is also facing a number of challenges overseas, as you say, from the unrest in the middle east to the continuing fallout over the attack on the u.s. consulate in benghazi. but the fiscal cliff looms large. president obama returning from a post-thanksgiving round of golf, but off the links, the clock is ticking. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many repu
are investigating and then buys business owners taxed anyone claiming to be a utility represents a form id badge and check their car for an official logo. >> san francisco's public utilities commission is urging residents to recycle their used cooking oil this holiday season. san francisco and treasure island restaurantresidence can p off used cooking all the nine sides that are open year round. >> for those seeking a festival of alternative to the shopping frenzy as special holiday fair is open this weekend. the great dickens christmas fair and victorian holiday party is happening now at the cow palace. the fair is open each saturday and sunday until december 23rd. the entry fee for adults is $25, seniors over 62 will pay only $21 and children 5 to 12 years of age pays only $12. parking is $10. >> coming up on kron 4 news weekend. we will remember larry hagman. the dallas star passed away friday but leaves behind an iconic acting career. >> this will set up to be a beautiful day and some parts of the bay area will see 70 degrees. it will be very nice. >> we are back. this is the bay bridge appr
, the government instantly starts collecting revenue tax wise. >> but some residents believe that won't make much difference. malik yakini runs an urban community garden and sees his idea as a land grab taking advantage of a chance to snap up real estate at rock bottom prices. >> this is great potential to develop that land for the collective good, as opposed to one wealthy individual buying up large tracts of land. >> how close is your house to where we are stand something. >> my house is probably about two blocks down and two blocks up. >> reporter: to convince skeptics hantz build a three-acre pilot site to demonstrate his idea, hantz farm president mike score over saw the project. >> we came in and planted oak on the main part of the property and flowering trees along the perimeter. >> and that's what we are looking at here? >> 900 oak trees on three acres. >> score, who was born and raised in detroit says he already has seen changes in the neighborhood. >> i am the king of the word! >> in an area that was once too dangerous. >> when visitors come to detroit i want them to come because it is
, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >> you'll share that with all of us, i'm sure, thank you. >>> and we wanted to update you on a story we first told you last night, a reason to celebrate for folks in one of the area's hardest hit by the monster storm sandy, breezy point in queens. last night, kristen diffindale and james keane said their i dos. they were busy planning their i wedding when the storm hit. their house was flooded. the church where they were supposed to get married was turned into a command center. they nearly postponed the whole thing but in the end as you can see they decided to go ahead to give their friends and family a much needed reason to smile, and our big congratulations to
black friday and maybe their taxes will go up at the same time is this fiscal cliff threat playing any role in what we're seeing as it relates to holiday shopping? >> it is and it isn't. 64% of the people that were polled by the national retail federation said they were going to be affected by the political uncertainty and how they would be shopping this year, but last year people spend about $740 during the holiday season. that's expected to go up by-10 year to 750 so even though they are saying they are concerned about the fiscal cliff, definitely worried about their finances, the taxes, the economic climate, people do seem to have holiday fever, and they are out there shopping. when you think about what are they shopping for this year? it's a lot of big-ticket items. they are calling it the year of the toy which typical. you've got barbies and legos and furbies, and guess what else is also at the top of the list, apple products, iphones, ipads, mini ipads. those are very expensive items, and they are not being discounted because companies like apple don't have to, so even though peo
adding fees and taxes, those deals are much cheaper here than back home in canada. >>> the u.s. postal service is hoping to avoid its red ink by testing out same-day package delivery. the program is aimed to online shoppers who are willing to pay a flat fee of about $10. it's going to start next month in san francisco. and if it's successful, it will expand to other major cities next year. >>> your mail carrier also won't be delivering as many of those catalogs this holiday season. companies that used to sound out mountains of catalogs are being stung by higher postage costs and the weak economy. a third fewer catalogs are being mailed out compared to just four years ago. but still, about 12 billion a year will be going out. >> less junk mail could be a good thing, actually. >>> as shoppers head out this weekend, we're learning the mannequins you see may not be your average dummy. some mannequins, in fact, will be watching you. that's because they're equipped with a tiny camera that's embedded in their eye. they can actually collect information about shoppers' habits. but also, scope o
.4 million of property tax into the city. 1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. this couple has lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lead. she helped him when he had cancer and told him not to worry about the berth rental when he was sick. >> she used to bring they food and we were friends. >> he said the fight is with the developers who are leasing the outer harbor. that public is open to the public and anyone want rent there. the new project will limit the berth to only residents of the new complex. >> when the state gave the lease it said only for so long as it is used as a harbor and marina. it's really not there is. >> they filed an appeal with the redwood city council. the appeal will be heard on january 28th. by then it may be too late for the tenants because they have been told to move out b
five decades ago. >> it will bring $2.4 million of property tax into the city. $1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. buckley and wendy stone have lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lady. she helped him when he had cancer and told him not to worry about the berth rental when he was sick. >> she used to bring they food and we were friends. >> he said the fight is with the developers who are leasing the outer harbor. that harbor is now open to the public and anyone can rent a berth there but new project will limit the berths to only residents forecast new complex. >> when the state gave the lease they said only so long will it be used as a commercial harbor so it's really not theirs. >> they filed an appeal with the redwood city council. the appeal will be heard on january 28th. by then it may be
up like they are. let's hope that the tax situation doesn't get out of control and hope all of the negative things that could happen don't happen, but if they do happen, you're right, arthel, get ready because january and february are going to be rough months out there. >> arthel: well, we hope it doesn't come to that. we want everyone to have a, you know, good income and et cetera. and by the way, as someone told me you have pretty deep pockets if you want to buy me a christmas gift, no problem. (laughter) >> i already did. that's what i've done all weekend. >> arthel: good answers, ed butowsk butowsky. >> rick: you let me know if he sends you something. >> arthel: i will. >> rick: and new concerns over a sweeping new power grab from the president of egypt. how should the u.s. react? a fair and balanced look is ahead. >> plus a look at the hottest toys on the market right now. there's some of them. find out what is sure to make you a big hit with the little ones this-- that's cute, this holiday season. can't wait to see that one. al, sven gets great rewards for his small b
a little more than a month now to avoid triggering automatic tax increases, and massive budget cuts. one emerging point of contention, the president's signature affordable care act. in a cincinnati enquirer op-ed house speaker john boehner is calling for the law to be on the table in those negotiations. meantime a new political report says house republicans plan to vote next week on immigration legislation that would expand visas for foreign science and technology students. the plan would also make it easier for those with green cards to bring their immediate families to the u.s. >>> and this year's official christmas tree arrived at the white house friday with all the traditional fanfare atop a horse-drawn marriage. the 19 foot frasier fir is from north carolina. >>> joining me for more, white house correspondent for the hill, amy parnes. chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're
goal is to bring in more revenue without raising tax rates, allowing both appears to say we stood our ground. high income tacks payers thaksed inco at the top rate. >>> a new arms race in cyber space. many governments are worried hat hackers could get into aeir mainframe computers, eurning to american companies ky, those that can be tricky, though. u.s. company needs a license from the state department before t can work for a foreign country. >>> usa today reports delve straighting drought is expected to last until e >>> we're looking very nice outside right now. the sun is up and looking good today. going to see a lot of sunshine throughout the entire day a few high clouds overhead. we have been seen patchy fog in the valleys. the temperatures now still chilly 39 degrees in santa rosa, 41 in san jose. 54 degrees in san francisco this afternoon, expecting lots of 60s. some places maybe sneaking into the low 70s. next couple of days going to be a beautiful weekend ahead other than some ground fog in the morning, lots of sunshine in the afternoon. >>> this national weather report sponso
of thousand of jobs and up to $1.1 billion annually in sales tax revenues here because some people get like that grill in may and return it in september. >> how do you return a grill? >> just the point. you know what i mean, they're saying thieves will target high priced items and return them for store credit gift cards and then resell the cards or use gift card trading websites. fraud. they're cracking down. if you return an item they take your photo id and put you in a database. serial returners beware this season. i am going to return underwear after the show. >> underwear, who wants to return underwear. >> that's going to be target's problem. i can't worry about that. wash them, heavily. >> you have heard about, maybe you haven't, beer goggles. >> yeah, ooh. >> there is a new device that google created to try and help you lose weight this thanksgiving. and it is, they are goggles, glasses you put on. it makes, look at this, makes something appear larger than it is. that is an oreo cookie. this doesn't make sense. if it appears larger it will activate your brain. your stomach feels it al
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